-PTI NEW DELHI: The services sector contributed a whopping Rs 2.98 lakh crore to Delhi's gross domestic product (GDP) of Rs 3.65 lakh crore in 2012-13, keeping its position as the main driver of the city's economy. The services sector, which includes real estate, hotels, restaurants, banking, insurance, wholesale and retail trade, accounted for 81.54 per cent of Delhi's total GDP in 2012-13 compared to an 81.62 per cent contribution in 2011-12,...
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Agriculture now moves into the field of tourism -Madhvi Sally & PK Krishnakumar
-The Economic Times NEW DELHI/ KOCHI: A growing number of farmers are turning entrepreneurs and earning big bucks from something they offered free to friends and relatives - a healthy and relaxing weekend to unwind in lush green farms, drive a tractor, ride a bullock cart, milk a cow and pluck fresh fruit from orchards. Farm tourism, once a small niche, is expanding rapidly and getting a big push from the tourism...
More »Centre approves Rs 511 crore for drought, flood-hit Rajasthan, Nagaland and Arunachal Pradesh
-The Economic Times An Empowered Group of Ministers (EGoM) on drought, headed by Agriculture Minister Sharad Pawar, on Wednesday approved Rs 511-crore assistance for Rajasthan, Nagaland and Arunachal Pradesh - the states affected by floods and droughts in 2012. Further, an additional grant of Rs 256 crore was given to Maharashtra for rejuvenation of orchards. However, the high-level committee didn't take a decision on extending the duty-free import of oil cakes for...
More »Food Security Bill could violate India’s subsidy pledge at WTO -Amiti Sen
-The Hindu Business Line As the Food Security Bill awaits Parliament clearance, India fears that implementation of obligations under the Bill may lead to breach of farm subsidy limits fixed by the World Trade Organisation (WTO) and attract penalties if some global rules are not amended. New Delhi is, therefore, scouting for support at the WTO in seeking an amendment to the Agreement on Agriculture (AOA) to remove limits on public stockholding...
More »CAG pulls up govt for fixing foodgrain MSP
-The Economic Times The Comptroller and Auditor General (CAG) has said the government fixed the minimum support price of food grain crops in a skewed manner and also faulted it for following inadequate norms on buffer food grains to meet contingencies during the audit period of 2006-07 and 2011-12. In a report titled 'Storage Management and Movement of Food Grains in Food Corporation of India', tabled in Parliament on Tuesday, the CAG...
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